With funding support from increased budgetary allocation, and higher Internal and Extra Budgetary Resources(IEBR) including debt funding from institutions like LIC, EPFO, most of the infrastructure segments are expected to witness the increased pace of contract awarding and execution in 2018-19, it said in a statement.

In conversation with Moneycontrol, Pravir Pandey, vice chairman of IWAI, said that the amendment to Central Road Fund Act, 2000, to address the financial need for development of waterways is ‘significant’

The scheme, which would be the world's largest government healthcare programme, was announced in 2018-19 Budget for providing medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable families, constituting 40 percent of India's total population.